The Power Within: The Kyiv Independent’s first-ever magazine. Be among the first to get it.

pre-order now
Skip to content
Edit post

Norway's PM announces new 500-million-euro aid package for Ukraine

by Olena Goncharova October 29, 2024 2:40 AM 1 min read
Norwegian Prime Minister Jonas Gahr Store (L) speaks to President Volodymyr Zelensky (R) at the Ukraine-Nordic Summit on Oct. 28. (President of Ukraine) 
This audio is created with AI assistance

Norwegian Prime Minister Jonas Gahr Store announced on Oct. 28 that Norway will provide Ukraine with a new 500-million-euro ($543 million) aid package, allocating over half for military assistance.

Several Nordic countries, including Iceland, Denmark, Norway, Finland, and Sweden, have agreed to provide defense support to Ukraine, including weapons production, assistance in preparing for winter, shelter construction, and support for the victory plan.

The Nordic countries have provided Ukraine with more than 20 billion euros ($21 billion) in military, financial, and humanitarian support since Russia's full-scale invasion began in February 2022.

Norway's Store noted that Northern European leaders received a clear assessment of the front-line situation during their meeting with President Volodymyr Zelensky at the fourth Ukraine-Nordic Summit.

"The Nordic countries will continue to seek new avenues for supporting Ukraine and its people, while it continues to fight off Russia's aggression," reads the joint statement released at the Nordic Summit in Reykjavik on Oct. 28.

Norway is ranked 12th in the world in terms of the amount of aid provided to Ukraine, having so far provided 2.8 billion euros ($3.1 billion) in humanitarian, financial, and military support, according to the Kiel Institute's Ukraine Support Tracker.

Norway to finance production of NATO-standard artillery shells in Ukraine
The Norwegian government will provide Kyiv with its defense technology and finance the production of 155-millimeter artillery shells developed by the Nammo (Nordic Ammunition Company) in Ukraine, according to its Aug. 23 statement.

News Feed

12:24 PM

Ukraine receives $400 million tranche from IMF.

The funds represent the latest tranche of the Extended Fund Facility (EFF) program, which will provide Kyiv with $15.6 billion in budget support over four years. With the additional $400 million in funding, the program has now distributed $10.1 billion in financing to Ukraine.
8:59 AM

Shooter opens fire on police in Russia's Murmansk.

The man began shooting from the roof of a building at Kolskiy Avenue 10 in the central part of the city, after which the authorities stormed the roof and "neutralized" the attacker, the regional Investigative Committee said.
3:19 PM

More US controversies and cyberattack | Ukraine This Week.

In the latest episode of Ukraine This Week, the Kyiv Independent’s Anna Belokur discusses how the Trump administration conducts foreign policy as Middle East envoy Steve Witkoff is embroiled in several controversies amid ceasefire negotiations. Also, Ukrainians experience yet another cyberattack, this time on the national railway service.
MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Explaining Ukraine with Kate Tsurkan
* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.